Run an Admiral Pub, Kings Head, Fen Ditton
Job Type: Leased & Tenancy, Run a Pub, Pub Manager
Sector: Pubs and Bars
Contract Type: Full Time
Pub Layout
The Kings Head is accessed from the side of the pub and has one main trade space and two smaller snug rooms. Upon entering the site, you immediately face the large central bar and the open plan drinking area which is well decorated and home to an inglenook open fireplace. This is where most people tend to socialise and where you will find access to the ladies and gents facilities. To your left, you will find a comfortable relaxing space and also the darts board which is currently home to a couple of regular darts teams. Down a couple of steps, you will find doors to both of the cosy rooms which could also be used for meetings and private functions. From the side of the building or through the corridor to the toilets, you will find access to the large and open garden space with a storage barn and lots of benches - a great space to sit in the summer and enjoy some al fresco drinking.
Trading Style
The pub is currently operating very much as a villagers drinking and socialising pub. Locals enjoy the peace and quiet of having a drink with friends without the hustle and bustle of a busy food offer or live sports. The drinks offer is fairly varied and suited to the locals that use the site and there are darts and crib teams throughout the week.
Accommodation
This private accommodation consists of three bedrooms, a bathroom and a lounge upstairs and a kitchen downstairs.
Financial
Annual Rent: £18,500
Security Deposit: £5,000
Working Capital: £1,000
Stock: £3,500
Business Rates: £Nil. Based on the April 2023 rating list, the Zero Rates Payable is based on small business rates relief being applied for by the licensee and the licensee only occupying one property for commercial purposes.
Fixtures and Fittings: To be confirmed upon valuation – funding options may be available for the right licensee.
Tie: All drinks categories are tied. For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.
BDM Vision
The Kings Head is becoming available due to retirement after nearly 20 years with the current licensees. It will need a strong licensee (or couple) to really get this pub back on track and ideally, the new licensee will be seasoned and know the local market, as well as being able to identify trends from the vibrant Cambridge business sector. The opportunity exists to engage sports teams, add music and sport events inside, increase trading hours and develop a coherent range of products from beers and wines to spirits.
This pub needs to re-establish itself at the heart of the community. Engaging with village life and creating a decent offer across all product categories will see good returns for the new licensee.
Future Plans
Training: £350.00 – Before signing a long term agreement, you will be required to attend our 7 Steps to Sales Success training programme. Held online over two days, you will learn marketing and business strategies that will help you to grow sales in your pub – step-by-step.
Service Charge Cost: £63.33 per week – The Admiral Taverns Premium Maintenance Package will help take care of your compliance and statutory obligations with one simple fee, whilst giving you peace of mind about your boiler and cellar cooling repair and replacement. This also includes full access to e-learning for you and your staff.
Company
At Admiral Taverns, we pride ourselves on being the UK's leading operator of community pubs, with over 1,400 pubs nationwide. Our success is driven by our passionate and dedicated team, who embody our core values: ONE TEAM, WE CARE, MAKE A DIFFERENCE.
We’re committed to building strong partnerships with you and empowering you to make a success of your own business. Whether you’re looking to run your own pub or expand your experience in the industry, we’re here to support you every step of the way.
Our licensees come from all walks of life. Some have run a pub before, some are completely new to our industry. Wherever you are in your journey, we’ll focus on finding the right pub for your vision and tailor our approach, support, and the training we offer to meet your needs.
If you think you have what it takes to run an Admiral pub, then we would love to hear from you so get in touch today!
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